In Islamabad, Prime Minister Shehbaz Sharif directed officials to raise the petroleum levy issue with the International Monetary Fund. The move aims to reduce the impact of rising global oil prices caused by the Iran conflict. It directly affects Pakistani consumers facing potential increases in fuel costs. According to official sources, the prime minister instructed […]
global oil price impact Pakistan.
Govt considers weekly petrol price review
Pakistan’s government is considering weekly reviews of petroleum product prices amid rising geopolitical tensions. Officials aim to align domestic fuel prices with rapid changes in international markets. The potential policy could affect consumers, transport costs, and inflation across the country. Sources said the Ministry of Energy prepared proposals and briefed the prime minister on the […]